Why JPMorgan Can Shrug Off an $11B Fine

Jim Cramer and others seek to put a possible mega-penalty in perspective for bank investors.

Shares of JPMorgan Chase gained almost 0.4% Thursday amid a report from The Wall Street Journal that the bank could pay up to $11 billion in fines to avoid potential criminal and civil charges.

You read that right. Shares of JPMorgan (ticker: JPM) were up, not down, on the day despite talk of such a large settlement with the federal government. If this deal with the feds comes to fruition, it will be viewed as modestly good news for...